Larner Corporation uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below:

	Units	% Complete with respect to Conversion
Beginning work in process inventory	24,000	40%
Started into production during June	86,000
Ending work in process inventory	19,000	20%

According to the company's records, the conversion cost in beginning work in process inventory was $68,064 at the beginning of June.

Additional conversion costs of $585,324 were incurred in the department during the month.

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Required:

1. What are the equivalent units for conversion in ending WIP? (3 pts)

2. What are the equivalent units of production for conversion? (5 pts)

3. What was the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places.) (5 points)